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  • #538,421
  • Sep 14, 2011 5:26pm Sep 14, 2011 5:26pm
Bears and Bulls have all killed each other and now wiere left with just Llamas...
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  • #538,422
  • Sep 14, 2011 5:29pm Sep 14, 2011 5:29pm
Quoting ido370
damn, gomarkets connection gone...
gonemarkets?
  • #538,423
  • Sep 14, 2011 5:30pm Sep 14, 2011 5:30pm
Hi fellas.

Added some longs this morning and went out. Was hoping 3800 to have been taken out. But prices keep hesitating even after breaking above 3705.

I decided to do my RA cos I do not like going into thursday markets blindly. Below is what I got. Price action has been choppy so I thought Elliot would help. Found an ABCDE pattern and a bear flag might be brewing. 3600 might be the last hope of the bulls. If it breaks below the rising wedge, 3500 opens and could further down to 3400. If the bears push their luck further, I see 2900. At this point, I cease to see a reversal yet and I consider all moves for the past days a correction. Buy with caution.

Just my own simple opinion. In life, nothing is sure, and so is price action.
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Don't just beat the markets, leave bruises.
  • #538,424
  • Sep 14, 2011 5:53pm Sep 14, 2011 5:53pm
Quoting BurgerKing
gonemarkets?
http://instantrimshot.com/classic/?sound=rimshot
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #538,425
  • Sep 14, 2011 6:12pm Sep 14, 2011 6:12pm
Quoting Magix
http://instantrimshot.com/classic/?sound=rimshot
lol..

Yes they are my broker..
  • #538,426
  • Sep 14, 2011 6:19pm Sep 14, 2011 6:19pm
Quoting triptizine
lol..

Yes they are my broker..
Are they still down dude?

Did they pack their shit and leave town?

If they suck hard, drop an Email to Admin here, let them know they are promoting a dogshit service and drop a line at forexpeacearmy...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #538,427
  • Sep 14, 2011 6:30pm Sep 14, 2011 6:30pm
Quoting bumapatria
Stopped out. As i knew. here's the secret: im 14. i got interested in forex ever since i was 13. doing great on demo trades, but i knew how diffrent it was going to be on live. i knew that this could be my job. I knew the risks. I studied every possible strategy of TA. I did well on couple of days. But when those losses mount. I changed as a trader. i lost discipline and prudence, and logical thinking. I trade S/r and have proven tht it can be very profitable. Buy at support, and sell at resistance. i broke every rule i taught myself hard to learn....
Common now, quitting is the last thing you wanna do. There's nothing like loosing all you have in the world for teaching you what not to do, and when you know what not to do in order not to loose money, you begin to learn what to do in order to win. -Jesse Livermore.

It's funny how I was absent on the forum all day but still came back to search for your posts. (Your posts keeps me from boredom) I see potential in you bumapatria. Forget age, forget experience. Trading is not how long, but how well.

1. DO NOT QUIT! Staying away from the market for an extended period will make you loose proficiency on the markets.
2. Do not go back to demo trading. It will never let you tame your emotions. The brain treats real money and fake money in very different ways. Brokers introduced demo trading so that new clients can get acquainted with their platform without risking real money.
3. Get some fresh capital, get a broker that offers micro lots. I think there are some decent ones out there.
4. Start all over, pick a currency pair, just one. Take your time to study its behavior and trade it.
5. Log on to FF and ask the right questions. Don't bother about what others are doing, just ask your own questions, get your answers, and make your own decisions.

I started trading when I was in final year. Used to write robots for clients and fell in love with FX. I blew 2 good accounts then(blew the second one the day Michael Jackson was buried). But today, I belong to the team that blows other traders accounts.

Cheer up! There's a whole lot more money for you to make dear.
Don't just beat the markets, leave bruises.
  • #538,428
  • Sep 14, 2011 6:33pm Sep 14, 2011 6:33pm
Quoting Magix
Are they still down dude?

Did they pack their shit and leave town?

If they suck hard, drop an Email to Admin here, let them know they are promoting a dogshit service and drop a line at forexpeacearmy...
Nah not down, they are flakey though. 17 disconnects yesterday across my two open platforms. Was down for a LONG period yesterday, this morning, a few minutes.

I called them they did give me back my loss from yesterday didnt worry about today as it was a winner.

Spreads been bullshit for the last 24hrs across E/U, 4+ pips... even now its still 3.1.. Researching other providers now.
  • #538,429
  • Sep 14, 2011 6:35pm Sep 14, 2011 6:35pm
Quoting triptizine
Nah not down, they are flakey though. 17 disconnects yesterday across my two open platforms. Was down for a LONG period yesterday, this morning, a few minutes.

I called them they did give me back my loss from yesterday didnt worry about today as it was a winner.

Spreads been bullshit for the last 24hrs across E/U, 4+ pips... even now its still 3.1.. Researching other providers now.
Well, if ya hit forexpeacearmy to drop a negative response on GM, you can look up somebody a little more to your liking as well...

17 discos is complete HORSESHIT!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #538,430
  • Sep 14, 2011 6:35pm Sep 14, 2011 6:35pm
Quoting triptizine
lol..

Yes they are my broker..
Funny. Just checked the link. Nothing on the site. Just some red roller object...were they hacked???
Don't just beat the markets, leave bruises.
  • #538,431
  • Sep 14, 2011 6:37pm Sep 14, 2011 6:37pm
Only buying dips now unless we take out 3680. I think 3820 is on the cards for london.
  • #538,432
  • Sep 14, 2011 6:38pm Sep 14, 2011 6:38pm
EU not good to long anymore,,,
born to speculate
  • #538,433
  • Sep 14, 2011 6:41pm Sep 14, 2011 6:41pm
Quoting Motion
Funny. Just checked the link. Nothing on the site. Just some red roller object...were they hacked???
http://www.gomarketsaus.com/what-is-...ad-comparison/

This is interesting, it says real time spread comparison, thats funny, the E/U spread here says 2.. Mines 3.4 right now.
  • #538,434
  • Sep 14, 2011 6:43pm Sep 14, 2011 6:43pm
Let me first say that I am rather new to fx, and it`s all self learned - the hard way

You talked about the 3839, atleast theres where I have my mark, are you refering to the low in july?
  • #538,435
  • Sep 14, 2011 6:44pm Sep 14, 2011 6:44pm
Quoting triptizine
http://www.gomarketsaus.com/what-is-...ad-comparison/

This is interesting, it says real time spread comparison, thats funny, the E/U spread here says 2.. Mines 3.4 right now.
A lot of forex companies offer 2 rates, one for "Preffered Customers", and one for smaller mini and micro lot traders.

Ya might wanna check that out...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #538,436
  • Sep 14, 2011 6:46pm Sep 14, 2011 6:46pm
Quoting Magix
A lot of forex companies offer 2 rates, one for "Preffered Customers", and one for smaller mini and micro lot traders.

Ya might wanna check that out...
As i say that, its back to 1.4

I am basically waiting for a break either side at the moment.. wait and see, wait and see.
  • #538,437
  • Sep 14, 2011 6:57pm Sep 14, 2011 6:57pm
Quoting triptizine
http://www.gomarketsaus.com/what-is-...ad-comparison/

This is interesting, it says real time spread comparison, thats funny, the E/U spread here says 2.. Mines 3.4 right now.
just wait for few minutes u you will see 3+ , don't forgot slippage

edit : from last night spread gone up/ not stable
Mohan
  • #538,438
  • Sep 14, 2011 6:59pm Sep 14, 2011 6:59pm
Quoting triptizine
http://www.gomarketsaus.com/what-is-...ad-comparison/

This is interesting, it says real time spread comparison, thats funny, the E/U spread here says 2.. Mines 3.4 right now.
Might be true. Hope you know most of these brokers vary their spreads by account type. For instance, the spread on a gold account is lower than that on a silver account with my broker. But they only display there platinum account spreads which is the lowest. You might not be holding the highest level of account type with your broker. It's marketing tactics.
Don't just beat the markets, leave bruises.
  • #538,439
  • Sep 14, 2011 7:04pm Sep 14, 2011 7:04pm
Quoting Motion
Might be true. Hope you know most of these brokers vary their spreads by account type. For instance, the spread on a gold account is lower than that on a silver account with my broker. But they only display there platinum account spreads which is the lowest. You might not be holding the highest level of account type with your broker. It's marketing tactics.
I am still on a L Plate with Go, but I have to move as I am reaching max allowed balance (1k) so I need to move over to the standard account.
  • #538,440
  • Sep 14, 2011 7:32pm Sep 14, 2011 7:32pm
need to hold below 3740 to progress any further towards the 15 minute trendline.
REQUESTING NO VOUCHES.Vouches are useless.
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